Texas A&M's Cedric Ogbuehi was one of the nation's top offensive tackles in 2013. The NFL graded him as a potential first-round pick. And he likely would have declared for the draft had the Aggies not spent $50,000 to keep him around for his senior season.

Fox Sports reported Wednesday the university spent at least $50,000 on an insurance policy, and that convinced Ogbuehi to stay in college for his redshirt senior season instead of declaring for the 2014 NFL draft.

The university can legally pay the insurance premium out of the Student Assistance Fund, which Fox Sports reported schools can use "to cover things such as the cost of post-eligibility financial aid, or if a student-athlete can't afford to travel home in cases of emergency, or if they need a suit to wear to university functions or events like SEC Media Days. ...

"According to the SEC office, last year each of its members allotted $350,000 for the fund."